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OTCM
GLBZ
Market cap12mUSD
Oct 23, Last price  
4.34USD
1D
0.60%
1Q
-4.74%
Jan 2017
-62.23%
Name

Glen Burnie Bancorp

Chart & performance

D1W1MN
OTCM:GLBZ chart
P/E
—
P/B
0.35
EPS
—
Vol. 1Y
37.89%
Shs. 5Y
0.57%
Rev. 5Y
3.59%
Div Yld LY
6.91%
Div Yld TTM
—
Revenues
17m
+6.43%
19,899,58619,994,54820,226,62321,009,54620,077,57419,221,49517,639,30217,283,08117,190,23516,613,71914,404,00014,579,00015,771,00015,406,00014,309,00013,787,00013,805,00014,106,00016,038,00017,069,000
Net income
-29k
L-74.11%
2,720,0452,782,141403,9621,262,4622,064,7852,993,0932,665,0802,614,1771,914,5261,352,6161,101,000911,0001,583,0001,599,0001,668,0002,516,0001,745,0001,429,000-112,000-29,000
CFO
-791k
L
2,960,6723,043,6912,376,896959,3014,991,0924,407,3924,089,1734,111,7632,519,2112,138,1772,586,0343,672,0004,136,0002,992,0001,602,0003,656,0002,225,0001,399,00028,000-791,000
Dividend
Jul 22, 20240.1 USD/sh

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Profile

Glen Burnie Bancorp serves as the parent organization for The Bank of Glen Burnie, delivering a comprehensive range of commercial and personal banking solutions to individuals, various associations, partnerships, and corporate clients. The bank accepts a multitude of deposit types, including savings, money market, demand, and NOW checking accounts, as well as IRA, SEP, and certificate of deposit accounts. Its lending portfolio is extensive, offering financing for residential and commercial real estate, construction projects, land acquisition and development, alongside secured and unsecured commercial credit. Consumer installment lending, such as indirect automobile loans, is also provided, in addition to first and second residential mortgages, home equity lines of credit, and commercial mortgage loans. Beyond its primary banking services, the company furnishes supplementary offerings like safe deposit boxes, money orders, night drop facilities, automated clearinghouse (ACH) transactions, and ATM access. Its digital banking suite is robust, encompassing telephone banking, online banking, bill payment, card control features, a dedicated mobile application, merchant and mobile deposit capture capabilities, and Zelle services. Treasury management solutions, including wire transfers, ACH services, and debit cards, are also part of its offerings. The corporation additionally participates in real estate ventures, involving the acquisition, ownership, and disposition of properties. Operating primarily within northern Anne Arundel County and adjacent areas of Maryland, Glen Burnie Bancorp maintains its main office and a branch in Glen Burnie. Further branch locations are situated in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. A remote ATM is also available in Pasadena, Maryland. Founded in 1949, Glen Burnie Bancorp is headquartered in Glen Burnie, Maryland.

Key people

John Demyan
Chairman of the Board, The Bank and GBB Properties and GBB Property Holdings, LLC · since 1995
Mark Hanna
President, Chief Executive Officer, Interim Principal Accounting Officer and Interim Treasurer, Director · since 2025
Jeffrey Welch
Executive Vice President, Chief Credit Officer of the Bank · since 2025
Donna Smith
Senior Vice President, Director of Branch and Deposit Operations · since 2017
Jonathan Shearin
Vice President, Director of Commercial Banking, Chief Lending Officer · since 2025
Chief Financial Officer, Treasurer · since 2025
Michelle Stambaugh
Senior Vice President, Human Resources Director · since 2011
Joseph Baldwin
Director · since 2024
Felton Magee
Director · since 2024
Thomas Clocker
Independent Director · since 1995
Andrew Cooch
Independent Director · since 2014
Stanford Hess
Independent Director · since 2018
Frederick Kuethe
Independent Director · since 2019
Julie Mussog
Independent Director · since 2019
Joan Rumenap
Independent Director · since 2018
IPO date
Nov 05, 1974
Employees
89
Domiciled in
US
Incorporated in
US

Valuation

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